Meta Platforms (META) Margins & Profitability 2020-2026

Gross, EBITDA, operating, and net margin trends

Margins

Profit margins across the income statement

Gross Margin: 81.9%
EBITDA Margin: 51.3%
Op. Margin: 40.6%
Net Margin: 47.5%

Op. margin of 40.6% is down 0.9% YoY — costs are rising relative to revenue. Net margin at 47.5% and gross margin of 81.9% — earnings take a bigger bite when COGS stays lean..

Gross Margin (%)

Revenue left after direct cost of goods sold

EBITDA Margin (%)

Operating profitability independent of capital structure

Operating & Net Margins (%)

How much of each dollar becomes profit